2/95 Benalla StreetBenalla VIC 3672
Property Details for 2/95 Benalla St, Benalla
2/95 Benalla St, Benalla is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 882m2 and floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Benalla in the last 12 months.
Last Listing description (August 2024)
With the block running between Benalla and Mackellar Streets, the opportunity for further development (STCA) is enormous. Not only is the block generous in size, it also has rear access - perfect for an extra unit or two to increase the return on the property. Currently comprising 2 x separate units (both separately metered) as follows -
Unit 1
1 bedroom unit with combined kitchen/lounge with gas cooker and polished boards, reverse cycle, electric air conditioner, bedroom with built in robe and combined bathroom / laundry.
Unit 2
2 bedrooms, both with built in robes, combined kitchen / dining with gas cooker and vinyl flooring, separate lounge with new split system air conditioner, combined bathroom / laundry and separate toilet.
Extra features include a double carport, shared between the units, low maintenance gardens and grounds and a lock up, older style shed with tilt door. Currently returning $475 per week, representing a 6.86% gross return on the asking price. Don't miss this great opportunity with scope to improve and prosper. Call our office today to arrange your viewing.
Property History for 2/95 Benalla St, Benalla, VIC 3672
- 09 Aug 2024Sold for $355,000
- 08 Jul 2024Listed for Sale Not Disclosed
- 15 Dec 2021Listed for Rent - Price not available
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0About Benalla 3672
The size of Benalla is approximately 315.3 square kilometres. It has 32 parks covering nearly 7.6% of total area. The population of Benalla in 2011 was 10,333 people. By 2016 the population was 10,355 showing a population growth of 0.2% in the area during that time. The predominant age group in Benalla is 60-69 years. Households in Benalla are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Benalla work in a trades occupation. In 2011, 67.7% of the homes in Benalla were owner-occupied compared with 67.2% in 2016.
Benalla has 7,136 properties. Over the last 5 years, Houses in Benalla have seen a 57.23% increase in median value, while Units have seen a 49.78% increase. As at 31 October 2024:
- The median value for Houses in Benalla is $428,618 while the median value for Units is $321,076.
- Houses have a median rent of $450 while Units have a median rent of $350.
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